Overview
What is Parents Association Colfax Elementary?
Parents Association Colfax Elementary, based in North Hollywood, California, is a nonprofit organization dedicated to enriching the educational experience of its student body. Their activities, such as Suzuki Violin, Mind & Music, Homework Club, and Science & Technology, aim to supplement the school's curriculum and foster maximum achievement for all students. By supplementing funding provided by Los Angeles Unified School District (LAUSD), PACE enhances the educational efforts of the school and its teachers, ensuring a comprehensive learning environment for the students.
Official website here: www.colfaxelementary.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Two-Star out of Four Stars (Needs Improvement) with an overall score of 69%. The rating reflects that the Parents Association Colfax Elementary has a strong accountability and finance score but falls short in transparency and governance practices.
The organization has achieved a perfect score for having a majority of independent board members and a favorable liabilities to assets ratio, indicating sound financial health. Additionally, they demonstrate a solid program expense ratio of 81.58%, which shows that a significant portion of their funds is directed towards their programs.
However, the nonprofit has notable weaknesses, including the absence of key policies such as a conflict of interest policy and a whistleblower policy, both of which are crucial for governance. Furthermore, they have not made their financial statements publicly available, which detracts from their overall transparency. Addressing these limitations could enhance their rating and build greater trust with their supporters.
This AI summary has been generated from information found on Charity Navigator.
Is Parents Association Colfax Elementary legitimate?
Parents Association Colfax Elementary is a legitimate nonprofit organization registered as a 501(c)(3) entity. Parents Association Colfax Elementary submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
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For more financial information, click here
Official website here: www.colfaxelementary.org
What is the mission statement of Parents Association Colfax Elementary?
The Parents Association Colfax Elementary, referred to as PACE, has a mission to enhance the educational endeavors of the school and its teachers. This mission aims to maximize the achievement potential of all students by supplementing the funding available, primarily through the Los Angeles Unified School District. PACE achieves its exempt purpose by offering enriched school and after-school activities to the student body. These activities include programs such as Suzuki Violin, Mind & Music, Homework Club, and Science & Technology.
Official website here: www.colfaxelementary.org
Who is the CEO of Parents Association Colfax Elementary?
Susan Kheel is the Co-President of Parents Association Colfax Elementary.
Official website here: www.colfaxelementary.org
What is the revenue of Parents Association Colfax Elementary?
Parents Association Colfax Elementary's revenue in 2023 was $626,402.
Official website here: www.colfaxelementary.org
Who are the executives of Parents Association Colfax Elementary and what are their salaries?
There 70 volunteers at Parents Association Colfax Elementary.
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Official website here: www.colfaxelementary.org
Where can I find the form 990 for Parents Association Colfax Elementary?
Parents Association Colfax Elementary's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.colfaxelementary.org
Learn more at the official website: www.colfaxelementary.org
Mission Statement of Parents Association Colfax Elementary
The Parents Association Colfax Elementary, or PACE, is committed to enhancing the educational efforts of the school and its teachers, aiming for maximum achievement for all students. This is achieved by supplementing the funding available through Los Angeles Unified School District (LAUSD) and providing additional programs to the student body. The organization's activities have successfully achieved its exempt purpose by offering enriched school and after-school activities to its student body. These programs include Suzuki Violin, Mind & Music, Homework Club, and Science & Technology. By doing so, PACE allows the school and its teachers to extend their educational reach beyond the constraints of their budget, thereby offering a more comprehensive learning experience to its students.
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Impact
July, 2024
Parents Association Colfax Elementary, also known as PACE, plays a vital role in enhancing the educational experience at Colfax Elementary School in North Hollywood, California. By supplementing the funding available through the LAUSD, PACE enables maximum achievement for all students by providing enriched school and after-school activities. These programs, such as Suzuki Violin, Mind & Music, Homework Club, and Science & Technology, offer students opportunities for growth and learning beyond the standard curriculum. PACE's impact is evident in the increased engagement, skills development, and overall academic success of the student body at Colfax Elementary.
This information is meant to be a general summary of Parents Association Colfax Elementary. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $18,583
- Program Service Revenue: $114,578
- Gross Receipts: $696,060
Assets and Liabilities:
- Total Assets: $944,391
- Total Liabilities: $0
- Net Assets: $944,391
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ENRICHMENT PROGRAM
Revenue
$114,578
Organization Details
Founding Year
1991
Phone
(818) 762-2730Principal Officer
Susan Kheel
Main Address
4935 COLFAX AVENUE, NORTH HOLLYWOOD, CA, 91601
Website
www.colfaxelementary.orgNTEE Category
Code: T20 - Philanthropy
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